Order the answer to: The market interest rate if is 12% per year compounded

Academic Writing business-economics Order the answer to: The market interest rate if is 12% per year compounded

business-economics

Order the answer to: The market interest rate if is 12% per year compounded

Question The market interest rate if is 12% per year compounded semiannually. For an inflation rate of 2% per 6 months, the effective semiannual interest rate is closest to: (a) 2% (b) 3% (c) 4% (d) 6%
Subject business-economics
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